Mealey's Insurance - 6th Circuit: No Coverage For Claims That Insured Misappropriated Trade Secrets

Mealey's Insurance - 6th Circuit: No Coverage For Claims That Insured Misappropriated Trade Secrets

CINCINNATI - The Sixth Circuit U.S. Court of Appeals on Aug. 15 affirmed a lower federal court's ruling that an insurer has no duty to defend or indemnify its insured against underlying claims that it misappropriated trade secrets by improperly accessing a claimant's customer database and obtaining and using confidential customer information for its commercial benefit (Liberty Corporate Capital Limited v. Security Safe Outlet, et al., No. 13-5539, 6th Cir.; 2014 U.S. App. LEXIS 15777).

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